Jun 12, 2025   SOURCE: PR NewsWire

Semiconductor Devices for High-Temperature Applications: Revolutionizing Advanced Technology Markets

"In-Depth Analysis of the Market for Semiconductor Devices for High-Temperature Applications: Highlighting Segmentation by Material, Device Type, Operating Temperature, and Industry, Offering Insights into Growth Opportunities and Sector Challenges"

BOSTON, June 12, 2025 /PRNewswire/ -- According to the latest study from BCC Research, the "Semiconductor Devices for High-Temperature Applications: Market Opportunities" is expected to increase from $11.8 billion in 2024 to $18.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 9.4% from 2024 through 2029.

This report analyzes the global market for semiconductor devices for high-temperature applications. It segments the market by material, device type, operating temperature, industry, and region, covering North America, Europe, Asia-Pacific, and the Rest of the World. The report also explores emerging technologies and the competitive landscape, concluding with profiles of major market players. This analysis helps readers understand the market dynamics, regional growth patterns, and technological advances shaping the future of high-temperature semiconductor devices.

This report is especially relevant today due to the increasing government spending on defense and the growing demand for vehicle electrification, which drives market growth. It provides critical insights into market trends, growth opportunities, and emerging challenges, making it essential for stakeholders like automotive manufacturers, industrial companies, defense firms, and investors. Understanding these dynamics helps companies make informed decisions, drive innovation, and maintain a competitive edge in the market for high-temperature semiconductor devices.

The factors driving the market's growth include:

UWBG Materials: Ultrawide Bandgap (UWBG) materials like diamond and gallium oxide can handle higher voltages and temperatures, making them ideal for advanced electronics.

High-Temperature Electronics: These are crucial for harsh environments (e.g., aerospace and defense) and can operate efficiently at temperatures between 200 °C and 400°C, thanks to materials like silicon carbide (SiC) and gallium nitride (GaN).

Electric Aircraft and EVs: The rise of electric aircraft and EVs drives demand for high-performance semiconductors that can handle high power and temperature requirements.

Request a sample copy of the global market for semiconductor devices for high-temperature applications report.

Report Synopsis



     
              Report Metric   
     
              Details



     Base year considered                                                                                                           2023



     Forecast period considered 
     2024-2029



     Base year market size                                                                                        
            $10.9 billion



     Market size forecast                                                                                         
            $18.5 billion



     Growth rate                
     CAGR of 9.4% for the forecast period of 2024-2029



     Segments covered           
     Materials, device types, operating temperatures, industries, regions



     Regions covered            
     North America, Europe, Asia-Pacific, Rest of the World



     Countries covered            U.S., Canada, Mexico, Italy, Germany, U.K., France, Spain, the Netherlands, China, Japan, South Korea,
                                    India, Australia, New Zealand



     Market drivers             
     --         Emergence of UWBG materials

                                 
     --         Demand for high-temperature electronics

                                 
     --         Demand for electric aircraft and EVs

Interesting facts:

    --  Silicon dominates the high-temperature semiconductor market with a 71.2%
        share, and its market value is expected to reach $12,833.7 billion by
        the end of 2029 due to its widespread use and cost-effectiveness.


    --  The market for III-V Materials such as gallium nitride and silicon
        carbide is growing at 10.6% annually because they perform better at high
        temperatures and in harsh conditions.
    --  The automotive, industrial, and instrumentation segment is the largest
        due to the high demand for semiconductors in applications like engine
        control units, robotics, and transmission control units.

Emerging startups:

    --  Camgraphic Ltd builds graphene transceivers for advanced photonic
        communications in various applications, including ADAS.


    --  SweGaN produces GaN epitaxial wafers for satellite, communications, and
        defense applications, leveraging the company's QuanFINE technology for
        next-gen high-power devices.
    --  VisIC Technologies develops high-voltage GaN devices for power
        conversion, leveraging its expertise in GaN-based RF technology to
        create (usually off) MIS-HEMT transistors.

The report addresses the following questions:

    1. What is the projected size and growth rate of the market for global
       semiconductor devices for high-temperature applications?- The global
       market for semiconductor devices for high-temperature applications was
       valued at $10.9 billion in 2023 and is projected to reach $18.5 billion
       by the end of 2029, at a CAGR of 9.4% from 2024 to 2029.



    2. What factors are driving the growth of the global market for
       semiconductor devices in the high-temperature applications?- The key
       market drivers include the emergence of III-V Materials, consisting of
       silicon carbide, gallium nitride, and others. Additionally, growing
       demand for high-temperature electronics across industries such as
       industrial and instrumentation, automotive, and energy and power further
       boosts market growth.



    3. Which industry segment will be dominant throughout the forecast period?-
       The automotive, industrial, and instrumentation segments will continue to
       dominate the global market for semiconductor devices for high-temperature
       applications, due to the higher adoption rate of these devices across
       industries that need high operating temperatures.

    4. Which region has the highest share of the global market?- The
       Asia-Pacific region is the leading revenue generator for the global
       market for semiconductor devices for high-temperature applications. In
       2023, it accounted for $6.5 billion in revenue, representing about 59.7%
       of the global market. This is due to substantial government investments
       in the defense sector, and increasing demand for EVs, especially across
       China.

Leading companies include:

    --  ANALOG DEVICES INC.
    --  ALLEGRO MICROSYSTEMS INC.
    --  CISSOID
    --  FUJITSU
    --  GENERAL ELECTRIC CO.
    --  HONEYWELL INTERNATIONAL INC.
    --  INFINEON TECHNOLOGIES AG
    --  LATTICE SEMICONDUCTOR
    --  MITSUBISHI ELECTRIC CORP.
    --  NXP SEMICONDUCTORS
    --  QORVO INC.
    --  RENESAS ELECTRONICS CORP.
    --  RTX
    --  TDK CORP.
    --  TEXAS INSTRUMENTS INC.
    --  TOSHIBA CORP.
    --  WOLFSPEED INC

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